▲ Consul General Zhang Xi met with Governor Won on July 9 to discuss the future of Chinese capital in the province. Photo courtesy Jeju Special Self-Governing Province

Chinese Consul General Zhang Xin met with Governor Won Hee-ryong on July 9 in Jeju City to discuss the future of Chinese capital in the province. The meeting follows Won's decision to review all major foreign capital projects after his victory in the June 4 election.

During the 30-minute talks at the Jeju provincial office, Won requested that all Chinese investment be transparent. In return, Zhang asked for consistency in investment policy from the new Jeju governor.

Won said, “Jeju actively welcomes Chinese people and Chinese investment,” adding that the government will continue to “attract transparent and stable Chinese investment.” He went on to say that Jeju will spare no cost in supporting Chinese investment projects, “If they remain true to the original purpose.”

Zhang answered with a Chinese idiom, “Pungumujo,” which means that despite a storm steady progress must be made, indicating that investment will continue but consistency is needed. Zhang pledged to pass on Won’s support to investors and stressed the economic benefits Chinese investment and tourists had brought to Jeju.